sup man!
I'm not personally worried. Only people I know who are worried, are in Miami - which is understandable. Miami/Broward/Keys are going to suffer it (sea level rise & hurricane storm surge etc) the worst. I mean they are a few feet above sea level in most cases. That's 10-20 years before it really starts impacting, and by 50-100 they could be completely under water.
Most Palm Beach folks I know aren't as worried, since it sits higher @ ~13-20 ft above sea level.
If I moved to Wellington, i'd be ~22 miles inland, which helps a decent amount during hurricanes. That area is also 13+ ft above sea level.
The hurricane fears are legit, but more so from just a property damage perspective. From a "selling property" perspective, people are going to keep buying down here. When the hurricanes aren't crushing us, it is a beautiful place to live, especially if you like the city beach life etc - which I don't lmao.
I'd def worry about property damage but that's always been a problem in FL/SFL.
As for the sea level rise stuff etc, i'd definitely be worried about that even though Wellington shouldn't be "under water". That area would probably be fine, but the fallout resulting from Broward/Dade going under water could ruin everything (sewage/landfills/toxic stuff/trash). Plus all of that "salt" rising through the limestone stuff which wrecks drinking water. Wellington has one of the biggest water supplies that is "safe" from that kind of sea level encroachment, apparently. Lake Okeechobee is nearby as well. I mean by that time, many millions of people will have left the state. That'd be in like 2050+ with several years of humanitarian crisis (relocation) preceding it. Could be right around the corner, dno.
I guess it worries me if I think i'll be around to see it. But no idea if I will be or not so, that makes me think less about it. And if I foresee that it would get bad i'd just sell a property for less if need be, cut my losses, and dip out.
I plan to keep working at my current job for at least another 2-3 years (hopefully more). Who knows how long we can grow this thing etc.. So given that, if I just continue to rent for those years, i'll be "throwing away" alot of money that I could be investing into my own property. To me that sounds like the game changer. If putting that money into my property means I could get it back out (with possibly more) in 5 or 10 years, seems like a smarter move to me than continuing to rent while working here.
dno lol.
pc!
buying a house in south florida just seems like a crazy long-term investment to me.
storms are gonna get worse (or bad storms more frequent; tomayto tomahto), sea level's going up. same goes for anywhere along the water on the east coast, especially in the southeast but even in places like the jersey shore. like, are flood and hurricane insurance even available anymore? if so, don't they cost an absolute mint?
what are people saying about it down there? the climate crisis and its impact on the area, i mean. really curious actually.
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